5640 State Road 16St. Augustine, FL 32092Price: $6,250,000

  • Price: $6,250,000
  • 4 Days on Market
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Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $6,250,000List Price
  • 2,407Square Feet
**PRIME DEVELOPMENT OPPORTUNITY | WORLD GOLF VILLAGE & SILVERLEAF CORRIDOR | 6.61 ACRES | 280+ FEET OF SR 16 FRONTAGE. Exceptional opportunity to acquire 6.61 acres strategically positioned along the highly traveled State Road 16 corridor, immediately adjacent to the entrance of the SilverLeaf community, one of St. Johns County's major master-planned residential developments! Featuring approximately 280.43 feet of direct frontage on State Road 16, this property offers outstanding visibility, accessibility, and development potential. Its location near SilverLeaf, World Golf Village, International Golf Parkway, and I-95 positions it to benefit from continued residential growth and increasing demand for nearby commercial services, dining, and retail. The property's Future Land Use designation is Residential C, with established commercial Planned Unit Developments (PUDs) located within approximately a quarter mile, including Mellow Mushroom and other restaurant uses. The surrounding commercial development and proximity to SilverLeaf create a compelling opportunity for investors and developers exploring future residential, commercial, or mixed-use concepts.The offering consists of two adjoining parcels totaling 6.61 acres. The primary 4-acre parcel includes approximately 180.43 feet of SR 16 frontage and an existing 2,400-square-foot, 3-bedroom, 2-bath single-family residence. The adjoining 2.61-acre parcel provides additional acreage and frontage. Potential development opportunities include multifamily residential, neighborhood-serving retail, restaurants, professional offices, or mixed-use concepts, subject to applicable land use regulations, rezoning, PUD approvals, and other governmental requirements. Depending on the proposed development and negotiated terms, the sellers may consider an agreement contingent upon obtaining necessary zoning or land use approvals. Secure a substantial 6.61-acre assemblage immediately adjacent to SilverLeaf, with prominent SR 16 frontage, nearby established commercial uses, and exceptional positioning along one of St. Johns County's growing residential corridors.

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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by NOAH BAILEY of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

 "Based on information submitted to Northeast Florida Association of REALTORS as of November 15, 2026 9:46 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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